Has Heidrick & Struggles International (HSII) Outpaced Other Business Services Stocks This Year?

HSII

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Heidrick & Struggles International (HSII - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of HSII and the rest of the Business Services group's stocks.

Heidrick & Struggles International is a member of our Business Services group, which includes 166 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. HSII is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for HSII's full-year earnings has moved 17.13% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, HSII has returned 52.14% so far this year. In comparison, Business Services companies have returned an average of 14.85%. This means that Heidrick & Struggles International is performing better than its sector in terms of year-to-date returns.

Looking more specifically, HSII belongs to the Staffing Firms industry, which includes 19 individual stocks and currently sits at #62 in the Zacks Industry Rank. This group has gained an average of 10.55% so far this year, so HSII is performing better in this area.

Going forward, investors interested in Business Services stocks should continue to pay close attention to HSII as it looks to continue its solid performance.

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